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The CtW Investment Group works with pension funds sponsored by unions affiliated with Change to Win. Our affiliates' six million members participate in public and Taft-Hartley pension funds with approximately $1.5 trillion in assets. The CtW Investment Group blog chronicles the latest developments in corporate governance and shareholder activism, with a specific focus on CtW Investment Group initiatives to increase long-term shareholder value through active ownership.
Here are the details from our press advisory:
Washington DC – In concurrence with the Council of Institutional Investors Spring Meeting, the CtW Investment Group and AFSCME will host a conference call today at 1:30 p.m. Eastern Time to discuss director accountability for risk oversight failures and the need for governance reform at Washington Mutual and other major U.S. financial service companies. The briefing will highlight specific initiatives for restoring investor confidence at Washington Mutual, the next large U.S. bank scheduled to hold its annual meeting, on Tuesday, April 15. CtW and AFSCME will be joined on the call by shareholder proponents advocating governance reforms at Washington Mutual and several other financial service companies at the epicenter of the mortgage meltdown.
CONFERENCE CALL OUTLINING DIRECTOR ACCOUNTABILITY AND GOVERNANCE REFORM INITIATIVES AT WAMU AND OTHER BANKS
DATE: Wednesday, April 9, 2008
TIME: 1:30 p.m. ET
HOSTS:
The CtW Investment Group
American Federation of State County and Municipal Employees
If you’re a journalist or a finance blogger and you missed the call but would like to listen to a recording, please email anna [dot] mumford [at] changetowin [dot] org.
Posted by on April 9, 2008 10:15 AM
